Patterns and determinants of the horizontal and vertical intra-industry trade of regions: panel analysis for Spain & Poland
Tomasz Brodzicki , Tomasz Jurkiewicz , Laura Márquez-Ramos , Stanisław Umiński
AbstractMost of the empirical studies in the literature on intra-industry trade are conducted at the country level. Countries, however, differ in terms of granularity and internal heterogeneity. In the present study we empirically identify the determinants of the overall IIT as well as its horizontal and vertical components in the trade of Spanish and Polish NUTS-2 regions with all existing trade partners over the period 2005–2014. In order to obtain unbiased results, we utilize a semi-mixed effect model, estimated with the PPML method. We estimate the models jointly for all Spanish and Polish regions and then disjointly in a comparative manner – in order to identify incongruities of reaction to the various factors investigated. These include both traditional factors and a number of unorthodox factors such as regional path dependence, quality of regional institutions, the core or peripheral status of the reporting region.
|Journal series||Applied Economics, ISSN 0003-6846, e-ISSN 1466-4283, (N/A 40 pkt)|
|Publication size in sheets||0.95|
|Keywords in Polish||intra-industry trade, regional trade, semi-mixed effects model, PPML|
|Score||= 40.0, 26-02-2020, ArticleFromJournal|
|Publication indicators||: 2018 = 0.781; : 2017 = 0.750 (2) - 2017=0.906 (5)|
* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.